Implement a green or energy-aligned lease
Green leasing is a general term that refers to any strategy that uses a lease to formalize the responsibilities between tenants and landlords with respect to a building’s green measures and practices. Also known as energy-aligned leases, high-performance leases, or energy-efficient leases, these approaches align the financial and energy incentives of building owners and tenants so they can work together to save money, conserve resources, and ensure the efficient operation of buildings. Green leasing is one tool that can be used to overcome the “split incentive” barrier to energy efficiency in commercial buildings.
Use the following resources for further reference as you plan, design, and implement your green leasing strategy:
- Consider these best practices recommended by leading industry practitioners to implement at your organization. This resources was developed under the guidance of the Green Leasing Steering Committee facilitated by the Better Buildings Alliance and Institute for Market Transformation.
- The Green Lease Library serves as a one-stop shop to improve access to green leasing resources. It features case studies, sample lease language, best practices, and toolkits. It was produced through a collaboration of Better Buildings Alliance members with the U.S. General Services Administration, Building Owners and Managers Association International, Natural Resources Defense Council, Institute for Market Transformation, NYU Schack Institute of Real Estate, and the Rocky Mountain Institute.
- The Tools & Practices for Implementing Green Leasing Webinar targets a broad audience, including building owners, tenant organizations, lawyers and building raters. Representatives from organizations such as the Institute for Market Transformation and the U.S. General Services Administration discuss their efforts to implement green leasing and showcase the Green Lease Library.